Nigeria Grapples with N8.41tn Oil Theft Loss, Raising Economic and Investor Concerns
Nigeria has suffered a staggering N8.41 trillion ($5.61 billion) loss in crude oil due to theft and metering inaccuracies from...
Nigeria has suffered a staggering N8.41 trillion ($5.61 billion) loss in crude oil due to theft and metering inaccuracies from...
The Federal Government of Nigeria has distributed N330 billion in cash transfers to impoverished households through the National Social Safety-net...
On September 16, 2025, Nigeria’s Dangote Refinery achieved a significant milestone by exporting its inaugural petrol shipment to the United...
Petrol attendants across Nigeria are increasingly manipulating fuel pumps to shortchange consumers, costing the nation millions of liters of Premium...
Nigeria’s trade surplus surged by 44.3% to N7.46 trillion in the second quarter of 2025, up from N5.17 trillion in...
Nigeria has made remarkable progress in combating crude oil theft, achieving a 50.2% reduction in losses from January to July...
The Federal Government has implemented a new policy under its “Nigeria First” initiative, restricting NNPCL Tax Credit road contracts valued...
Nigeria’s petrol consumption has plummeted by 28% over the past two years, with daily volumes falling from 68.353 million litres...
Nigeria’s Excess Crude Account (ECA) balance has increased to $535,823.39 as of August 2025, up from $473,754.57 in April, according...
The average retail price of Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria rose 33.02% year-on-year to N1,024.99...
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